VECOPLAN takes over Waste Tec GmbH
System supplier enlarges competence on expanded product portfolio and process technology
Bad Marienberg, 24 April 2012 – The M.A.X. Automation Group strengthens its core segment of environmental technology and herewith consequently enlarges the range of services as a system supplier. The subsidiary VECOPLAN expands the product portfolio by the segments of biological drying and composting as well as engineering services by taking over the WasteTec GmbH.
WasteTec, located in Wetzlar Germany, is an international supplier for system technology in waste processing. Because of their comprehensive expertise in the market of biomechanical waste and alternative fuel treatment, core competence in biological drying, composting, anaerobic digestion and exhaust air purification they belong to the leading companies in this market. The company is based on a team of 16 highly qualified employees.
In the fields of planning, engineering and consulting VECOPLAN will benefit from the expertise of the WasteTec GmbH. VECOPLAN closes the circle as a system supplier and its capability will be extended to meet highest market requirements which demand a holistic approach for the waste treatment. WasteTec GmbH will be responsible for the business unit domestic and commercial waste in the VECOPLAN Group.
After the successful start of the joint venture Vecoplan-Fueltrack with the Thyssen Krupp subsidiary Polysius AG, this is another important step to strengthen the market position of Vecoplan. With this acquisition VECOPLAN has reached another milestone in its consequent strategy.
Bernd Priske, CEO of M.A.X. Automation AG: „The Know-how and long lasting experience of the WasteTec GmbH completes the portfolio of VECOPLAN in an ideal manner. The acquisition is in line with our strategical focus to position the subsidiaries of the M.A.X. Automation AG as suppliers for system technology and to offer them growth opportunities. For this purpose we will monitor suitable companies and will consider reasonable acquisitions if the conditions fit.”